A new wildfire has prompted Canadian oil producers Cenovus Energy Inc. and Canadian Natural Resources Ltd. to shut production just as output was being restored in other parts of Alberta Continue Reading
Western Colorado has 40 times more natural gas than previously thought, potentially making it the second-largest formation in the country, the U.S. Geological Survey said Wednesday. Mancos Shale formation in Continue Reading
There could be a growing shortage of skilled workers in the oil industry. That may seem counterintuitive in an industry that has been rapidly shedding workers, with more than 350,000 Continue Reading
U.S. crude oil production fell 150,000 barrels per day in May and the global over-supply of liquids was 680,000 barrels per day. The EIA Short-Term Energy Outlook ( STEO ) Continue Reading
Geology, drilling efficiency and increased focus on the best producing areas have all contributed to the dramatic increase in drilling productivity over the last 10 years in the Bakken, argue Continue Reading
Russian Prime Minister Dmitry Medvedev attends a ceremony to present the Irkut MC-21 mid-range jet airliner at the Irkutsk Aviation Plant (Irkut Corporation) in Irkutsk, June 8, 2016. Sputnik/Alexander Astafyev/Pool/via Continue Reading
Russia embarks on an almost two-year-long election season this summer that ends with a presidential contest in 2018. But unlike previous years, the country’s faltering economy has taken its toll Continue Reading
Oil’s plunge earlier this year dragged Russian natural gas prices in Europe to the lowest level since September 2004, making them the cheapest relative to market rates in more than Continue Reading
Rice is a major crop, feeding almost 50 percent of the world’s population and has retained the ability to survive in changing environmental conditions. The crop is able to thrive Continue Reading
A manifold system, used to direct oil around the facility, stands near crude oil storage tanks stand at the Cushing storage terminal in Cushing. Oil traded near the highest close Continue Reading
